Winchester, VA Real Estate Sales
Mike Cooper
540-346-4910540-346-4910

Stephens City, VA real estate market for the first quarter in 2016

May 10th, 2016 at 1:19 pm by Mike Cooper

The Stephens City, VA real estate market had a good first quarter in 2016. There were 75 homes sold with only 5% of them being distressed (short sale or foreclosures). The market is steadily returning to stability.

The minimum price a buyer paid for a home in Stephens City, VA in the firstquarter of 2016 was $89900 and the maximum was $464,530. The average price was $235,343. The average corresponds to other areas of Frederick County, VA. The average days on the market was 77 with the minimum being 0 and the max being 549.

Of those sold, 28 had 3 bedrooms and 2 baths. Twenty-four had 4+ bedrooms and 2+ baths. Four had 2 bedrooms and 1 bath, and the remaining number fell into a mystical place we call “other.”

Homes sold the following categories:

  • 32 – Colonials
  • 19 – Ranchers
  • 6   – Split Foyers
  • 6   – Traditionals
  • 2   – Cape Cods
  • 2   – Contemporary
  • 1   – Rambler
  • 7   – Other (Townhouses, Condos, Manufactured Homes)

New construction has picked up in the Stephens City, VA real estate market. Most homes sold in the first quarter were previously owned homes, but the new home market is beginning to have its own revival. When you’re ready to buy or sell in the Stephens City, VA real estate market, be sure to give your Cornerstone Business Group, Inc., agent a call. We are your local real estate pros.

 

Stephens City, VA real estate market for the first quarter in 2016

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